The continuing ripple effect from Britain’s vote to leave the EU stretches ever deeper, with uncertain times for many British people in Spain and elsewhere.
For the many thousands of British people resident in Spain, Brexit has created a feeling of uncertainty about their future. A petition seeks to address their concerns by asking for Spanish and British citizenship. Two British journalists living in Spain have launched a petition to the Spanish government requesting that British citizens who have been resident in Spain for ten years or more be allowed to hold dual British/Spanish citizenship. This could affect around 400,000 British people and would remove some of the uncertainty British people living in Spain currently face following the vote t
We asked Spanish property experts for their thoughts and guidance on the effects of Brexit for expats and property buyers in Spain. What are the effects on inheritance? EEA citizens currently pay the same inheritance tax as locals in Spain, however, as these double-taxation treaties are not created by the EU, Brexit should not affect these UK-Spain tax agreements. So, the reassuring news is that nothing will really change over the next two years. The main implication of the Leave decision that you need to be concerned with in the short term is the effect on exchange rates, and therefore your s
Will Spain suffer as a result of the British vote? What will happen to property, healthcare and tourism for the current and future British living in Spain? The world woke up to a new order on 24th June 2016. The United Kingdom had voted to leave the European Union, which will, no doubt, result in many changes affecting the whole world one way or another. Here in Spain the shock result resulted in the biggest fall in its stock market history, with Spanish companies in the UK receiving the biggest hit.
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